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Metcash

Bullish potential detected for MTSEntry conditions: (i) higher share price for ASX:MTS along with swing up of indicators such as DMI/RSI. Stop loss for the trade would be: (i) below the recent swing low of 6th May (i.e.: below $3.21), or (ii) a close below the 50 day moving average (currently $3.16), or (ii) below the support level from the open of 11th April (i.e.: below $3.12), depending on risk tolerance.
ASX:MTSLong
by Ivory_Wolf
Updated
Potential outside week and potential bearish breakout for MTSAs noted in the latest video update for week ended 17-Nov (apologies for the delayed publishing of these details - another hectic week), MTS represents a potential bearish opportunity should momentum continue and lower lows be made to confirm the outside week. Stop loss for the trade would be above the high of the confirmed outside week, should it confirm (i.e.: above the high of $3.82 from 15th November).
ASX:MTSShort
by Ivory_Wolf
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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